🚨 $SXP/USDT - Short Trade Alert After Rejection! 📉
Current Price: $0.2040 (+5.63%) 📈
Timeframe: 30m ⏳
$SXP saw a big pump to $0.2252 but got REJECTED hard with a massive wick! 📉 Price has now broken structure and looks like it's pulling back. 🐻
🔑 Key Levels:
• Resistance: $0.2150 / $0.2250 ⬆️
• Support: $0.1980 / $0.1900 👇
📉 Short Trade Idea:
• Entry: $0.2065 – $0.2090
• Target 1: $0.1980 🎯
• Target 2: $0.1900 🎯🎯
• Stop Loss: $0.2155 🛑
🧐 Market Analysis:
That long upper wick followed by a bearish engulfing candle screams liquidity grab! 🎣 Classic sign of tired buyers and a potential short-term drop.
💡 Pro Tip:
Watch for a retest of $0.2080–$0.2090 with low volume to get into your short position. Expect a quick move down if it breaks below $0.2020!
🔄 Time to go short and ride the $SXP
reversal! 🏄
